Canadian Dollars hit Par with USD

First time in 30 Years

Importers are thrilled, exporters are finding new ways to adjust. Tourists are reaping the benefits, domestic consumers still can’t catch a break. The new economy is hot, perhaps to hot in Canada, as for the first time since the 70’s the CDN dollar has hit par with the USD. In fact, considering the cash back rate one would actually LOSE money cashing in American dollars. Here are some articles collected from around the finance world on the day of the historic event. Post your thoughts below about how this change has affected your life and business.